C. [§ 6.5] Resulting Trust

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C. [§ 6.5] Resulting Trust

A related cause of action is one for a "resulting trust." In Fitch v. Double "U" Sales Corp., the Court of Appeals described a resulting trust as follows:

It is well settled as a general rule that where the purchase price is paid by one person and the title is taken in the name of another, there arises in favor of the person paying the purchase money a resulting trust, and the holder of the legal title becomes a trustee for him. Of course, where a person attempts to establish a
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